Post
Topic
Board Speculation (Altcoins)
Re: What will be the price for 1 ICN?
by
roguetrader
on 04/10/2016, 12:52:03 UTC
Considering that ICONOMI team is able to deliver what is written on the white paper and is not a Scam, which i strongly believe is not, since i invested a considerable amount of BTC, and i am in direct contact with one of the CO-Founders.
I don't see why it should have a capitalization bellow MONERO, LITECOIN and even RIPPLE on medium/long term.
Short term we can expect a lot of expeculation, especially because the ICO was a huge success and we can expect the coin to have a decent liquidity, which will attract whales, bots, etc etc etc.
Also i don't think the price will be linked to dividends distribution, a company on this stage should not even distribute dividends and should reinvest all the profits in order to make the platform as better as possible.
I am not to worried about the short term price because i believe in the fundamentals and i believe that mid/long term fundamentals stands over short term volatility.